Vivaa Tradecom Board Approves Rights Issue of Equity Shares Up To Rs 15 Crores
Vivaa Tradecom Ltd has approved a plan for issuing equity shares through a Rights Issue, which will be extended to the eligible shareholders of the company. The decision was reached during the meeting of the Board of Directors held on June 26, 2026.The board authorized the issuance of the equity shares up to a total amount of Rs 15 Crores (Rupees Fifteen Crores Only).
Details regarding the proposed issue are as follows:
| Particulars | Details |
|---|---|
| Type of securities proposed | Equity Shares of the company with a face value of Rs. 10 Each. |
| Type of issuance | Right Issue to the existing shareholders of the Company as on record date. |
| Total amount for issue | Up to Rs 15 Crores (Rupees Fifteen Crores Only). |
The Rights Issue is designed for eligible shareholders as determined by the company's record date.
While the Board has approved the issuance, the specific terms and conditions pertaining to the Rights Issue have yet to be finalized. These details include the determination of the issue price, the rights entitlement ratio, the record date, and the timing of the Right Issue. The company stated that these specifics will be determined by the authorized Rights Issue Committee or the Board of Directors and disclosed in due course.
Stock Price Movement
Vivaa Tradecom Ltd settled at ₹71.00 on Thursday, registering a 2.88% gain for the shares. Throughout the trading session, the equity experienced volatility after moving between an intraday low of ₹68.00 and a high of ₹71.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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